KB Asset Management's 'KBSTAR US Nasdaq 100 ETF' Surpasses 300 Billion KRW in Net Assets

KB Asset Management announced on the 24th that the ‘KBSTAR US Nasdaq 100 ETF’ has surpassed 300 billion KRW in net assets. The ability to invest in the US representative index Nasdaq with the lowest domestic expense ratio (0.021% per annum) is interpreted as the reason for the influx of funds.

This exchange-traded fund (ETF) invests in the Nasdaq 100, one of the major US indices, through physical holdings. It invests in over 100 leading tech stocks by market capitalization, including Apple, Google, Microsoft, Amazon, and Nvidia.

The total cost when investing in the ‘KBSTAR US Nasdaq 100 ETF’ is 0.16% per annum. It is the cheapest among products tracking the same index listed domestically. This refers to the “actual fee level borne by investors” disclosed by the Korea Financial Investment Association. It includes all costs such as management fees, total fees, other expenses, and brokerage commissions for trading.

Since December last year, the distribution payment dates were changed from January, April, July, and October to March, June, September, and December to enhance investment usability. Generally, ETFs provide dividends and interest generated from the stocks or bonds held as distributions to investors.

For pension investors or retirees who mainly received distributions from Nasdaq ETFs in January, April, July, and October, the ‘KBSTAR US Nasdaq 100 ETF’ now offers an expanded choice of distribution cycles.

Geum Jeong-seop, Head of ETF Marketing at KB Asset Management, explained, “For investing in the US representative index through individual or retirement pension accounts, products investing in the physical index rather than futures are suitable,” adding, “We will continue our efforts to enable individuals to invest in pensions over the long term with the lowest domestic expense ratio.”

Meanwhile, KB Asset Management operates all seven overseas representative index products, including the ‘KBSTAR US Nasdaq 100 ETF’ covering Korea, the US, China, Europe, and Hong Kong, with the lowest expense ratios in the industry.

This content was produced with the assistance of AI translation services.